Energy and infrastructure news and analysis service Proximo recognized White & Case LLP’s Latin America team at its virtual awards ceremony held on March 30. White & Case was recognized for the following categories and transactions:
Latin America Solar Deal of the Year: New Juazeiro
White & Case advised Atlas Renewable Energy, as sponsor, and certain of its affiliates in connection with a breakthrough transaction for the development and limited recourse financing of the 187 MWp New Juazeiro solar power project (also known as "Jacaranda"). The plant is to be built in the state of Bahia, Brazil and is expected to generate 440GWh per year. The financing for the project is backed by a PPA that is indexed to US Dollars.
Latin America Emerging Energy Deal of the Year: Condor/Enel X Chilean Buses
White & Case advised AMP Capital and its joint venture with Enel X in connection with the long-term financing for the acquisition of 433 electric buses and related charging infrastructure that are being used for the provision of public transportation services in Santiago, Chile.
Latin America Oil & Gas Deal of the Year: Trident Energy (Project Artico)
White & Case LLP advised Sumitomo Mitsui Banking Corporation, ING Bank N.V. and Crédit Agricole Corporate and Investment Bank as initial mandated lead arrangers on the financing of Trident Energy L.P.’s proposed US$1 billion acquisition of the Pampo and Enchova oil fields in Brazil from Petrobras S.A.